for world peace with the reminder land we have to comprehend when peace has taken us today there is a new arms race. the hour of time gorbachev and the opportunity for peace wasted starts october third on d w. four. hurricane florence has been downgraded to a tropical storm that continues to batter the united states southeast coast at least four people have been reported killed hundreds of thousands are without power coastal areas are being inundated by storm surges florence is expected to dump rain across the weekend bringing floods to inland areas. on the other side of the globe a storm almost twice as powerful as florence has struck the philippines typhoon mancow it is packing winds of over two hundred kilometers per hour more than five

million people are at risk from the storm massive evacuations are under way typhoon monkhood is expected to sweep over the philippines and reach china early next week . palestinian medical officials say israeli soldiers have killed three people including a boy taking part in weekly protests at the gaza israeli border many more were wounded the israeli military says it used necessary force to prevent border breaches by thousands of palestinians some holding rocks and fire bombs. the international whaling commission has voted down a japanese bid to lift the ban on commercial whaling the plan faced resistance from conservation groups and several member states but japan will continue to hunt whales by making use of a loophole that allows so-called scientific whaling. it

was the largest bankruptcy filing in u.s. history and its shock waves around the globe this weekend marks the tenth anniversary of the collapse of lehman brothers we take a look back and ask what has changed also the turkish president already making rumbling noise towards the central bank a day after it hiked interest rates then there are slips again. i'm crystal colburn bill and good to have you with us on september fifteenth two thousand u.s. investment bank lehman brothers filed for bankruptcy the events and everyone from u.s. investors to the spanish property owners running for cover twenty five thousand lehman brothers bankers found themselves out of work overnight the vendor was a giant but not too big to fail lehman had become so walls and mortgage origination that it was based.